Shenzhen Retained Earnings vs Short Long Term Debt Total Analysis

002106 Stock   11.56  0.60  5.47%   
Shenzhen Laibao financial indicator trend analysis is much more than just breaking down Shenzhen Laibao High prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Laibao High is a good investment. Please check the relationship between Shenzhen Laibao Retained Earnings and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Laibao High Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Short Long Term Debt Total

Retained Earnings vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Laibao High Retained Earnings account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shenzhen Laibao's Retained Earnings and Short Long Term Debt Total is -0.13. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Shenzhen Laibao High Technology, assuming nothing else is changed. The correlation between historical values of Shenzhen Laibao's Retained Earnings and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Shenzhen Laibao High Technology are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Retained Earnings i.e., Shenzhen Laibao's Retained Earnings and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Long Term Debt Total

Most indicators from Shenzhen Laibao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Laibao High current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Laibao High Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 129.7 M, whereas Tax Provision is forecasted to decline to about 27.6 M.
 2021 2022 2023 2024 (projected)
Net Interest Income32.6M27.3M65.8M34.3M
Tax Provision4.1M20.8M46.4M27.6M

Shenzhen Laibao fundamental ratios Correlations

-0.190.260.90.990.54-0.790.580.890.750.620.47-0.70.750.890.820.920.240.830.930.970.110.860.460.43-0.36
-0.19-0.27-0.24-0.150.20.33-0.13-0.26-0.290.18-0.01-0.14-0.29-0.31-0.46-0.3-0.23-0.21-0.29-0.280.70.020.31-0.470.97
0.26-0.270.260.26-0.11-0.11-0.080.240.07-0.04-0.07-0.240.070.410.130.28-0.150.240.250.32-0.310.25-0.17-0.4-0.28
0.9-0.240.260.830.23-0.70.540.990.670.310.4-0.460.670.970.670.950.120.630.990.95-0.150.620.170.48-0.36
0.99-0.150.260.830.61-0.790.590.820.750.680.47-0.750.750.820.820.870.250.850.870.930.20.90.530.39-0.33
0.540.2-0.110.230.61-0.240.10.230.250.990.19-0.70.250.20.60.290.620.760.30.310.720.740.990.00.07
-0.790.33-0.11-0.7-0.79-0.24-0.89-0.67-0.99-0.31-0.460.54-0.99-0.66-0.6-0.690.01-0.54-0.72-0.820.04-0.62-0.15-0.720.49
0.58-0.13-0.080.540.590.1-0.890.50.90.150.47-0.430.910.460.290.51-0.040.20.530.630.040.420.030.73-0.28
0.89-0.260.240.990.820.23-0.670.50.630.310.4-0.450.640.970.690.960.170.640.990.94-0.150.610.170.49-0.38
0.75-0.290.070.670.750.25-0.990.90.630.310.45-0.531.00.620.560.64-0.020.510.680.77-0.010.580.160.72-0.45
0.620.18-0.040.310.680.99-0.310.150.310.310.18-0.760.310.290.630.370.590.810.380.390.70.810.970.020.04
0.47-0.01-0.070.40.470.19-0.460.470.40.450.18-0.210.460.370.460.51-0.040.260.430.490.010.240.130.3-0.12
-0.7-0.14-0.24-0.46-0.75-0.70.54-0.43-0.45-0.53-0.76-0.21-0.53-0.48-0.44-0.54-0.19-0.68-0.48-0.57-0.62-0.93-0.68-0.140.06
0.75-0.290.070.670.750.25-0.990.910.641.00.310.46-0.530.630.570.65-0.020.510.690.78-0.010.580.160.73-0.45
0.89-0.310.410.970.820.2-0.660.460.970.620.290.37-0.480.630.70.960.10.670.970.94-0.190.630.130.41-0.42
0.82-0.460.130.670.820.6-0.60.290.690.560.630.46-0.440.570.70.750.450.90.750.76-0.020.660.50.42-0.55
0.92-0.30.280.950.870.29-0.690.510.960.640.370.51-0.540.650.960.750.180.690.960.95-0.110.680.220.48-0.44
0.24-0.23-0.150.120.250.620.01-0.040.17-0.020.59-0.04-0.19-0.020.10.450.180.40.180.090.230.250.580.08-0.25
0.83-0.210.240.630.850.76-0.540.20.640.510.810.26-0.680.510.670.90.690.40.70.710.260.840.70.22-0.33
0.93-0.290.250.990.870.3-0.720.530.990.680.380.43-0.480.690.970.750.960.180.70.96-0.140.660.230.5-0.41
0.97-0.280.320.950.930.31-0.820.630.940.770.390.49-0.570.780.940.760.950.090.710.96-0.10.740.220.5-0.43
0.110.7-0.31-0.150.20.720.040.04-0.15-0.010.70.01-0.62-0.01-0.19-0.02-0.110.230.26-0.14-0.10.480.79-0.190.59
0.860.020.250.620.90.74-0.620.420.610.580.810.24-0.930.580.630.660.680.250.840.660.740.480.690.21-0.18
0.460.31-0.170.170.530.99-0.150.030.170.160.970.13-0.680.160.130.50.220.580.70.230.220.790.69-0.060.2
0.43-0.47-0.40.480.390.0-0.720.730.490.720.020.3-0.140.730.410.420.480.080.220.50.5-0.190.21-0.06-0.56
-0.360.97-0.28-0.36-0.330.070.49-0.28-0.38-0.450.04-0.120.06-0.45-0.42-0.55-0.44-0.25-0.33-0.41-0.430.59-0.180.2-0.56
Click cells to compare fundamentals

Shenzhen Laibao Account Relationship Matchups

Shenzhen Laibao fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B6.2B6.5B6.2B6.7B4.0B
Other Current Liab157.2M200.5M1.2M193.5M16.0M15.2M
Total Current Liabilities1.1B1.6B1.6B1.0B1.2B667.0M
Total Stockholder Equity4.1B4.4B4.7B5.0B5.2B3.2B
Property Plant And Equipment Net1.2B1.1B1.1B1.3B1.4B1.2B
Net Debt(1.9B)(1.9B)(2.3B)(2.6B)(3.0B)(2.9B)
Retained Earnings1.0B1.3B1.7B2.0B2.2B2.3B
Accounts Payable884.0M1.3B1.3B787.3M976.3M505.0M
Cash1.9B2.0B2.3B2.7B3.0B3.2B
Non Current Assets Total1.5B1.4B1.3B1.5B1.7B1.4B
Non Currrent Assets Other20.7M6.2M78.5M89.0M18.0M28.6M
Cash And Short Term Investments1.9B2.0B2.4B2.7B3.0B3.2B
Net Receivables1.4B2.1B2.0B1.4B1.4B858.8M
Liabilities And Stockholders Equity5.3B6.2B6.5B6.2B6.7B4.0B
Non Current Liabilities Total174.5M162.1M247.2M250.5M254.0M148.4M
Inventory536.0M652.9M831.6M585.0M561.9M330.6M
Other Current Assets20.5M25.4M11.6M24.2M20.3M18.5M
Other Stockholder Equity2.4B2.3B2.0B2.0B2.3B1.6B
Total Liab1.3B1.8B1.9B1.3B1.5B815.4M
Total Current Assets3.8B4.8B5.2B4.7B5.0B2.7B
Intangible Assets95.5M92.6M89.7M86.8M104.7M122.5M
Property Plant Equipment1.3B1.2B1.1B1.1B1.3B1.1B
Other Assets46.2M1.074.5M107.6M123.8M129.9M
Other Liab189.3M174.5M162.1M221.1M254.3M147.1M
Short Term Investments(1.1M)(721.1K)34.2M25.8M(51.8M)(49.3M)
Net Tangible Assets3.7B4.0B4.3B4.6B5.3B4.3B
Deferred Long Term Liab1.6M1.1M721.1K22.3M25.6M26.9M
Net Invested Capital4.1B4.4B4.7B5.0B5.2B4.9B
Net Working Capital2.8B3.2B3.6B3.7B3.8B3.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Laibao High at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Laibao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Laibao and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.